Despite increasing competition from stablecoin-first chains, @trondao continues to command ~25% market share in the stablecoin market.Launching a chain is easy, but building an ecosystem is hard. https://t.co/MW2Glu9IB4 ...

SoFi has become the first U.S. nationally chartered retail bank to issue a dollar-backed stablecoin on a public, permissionless blockchain, marking a turning point in how regulated banks participate in on-chain finance. The company announced the launch of SoFiUSD, a fully reserved stablecoin issued by SoFi Bank, N.A., positioning the bank not only as a consumer-facing issuer but also as an infrastructure provider for other banks, fintech firms, and enterprise platforms. SoFi Brings Stablecoins Inside th ...

PayPal (PYPL) is extending the role of its PYUSD stablecoin into artificial intelligence finance, linking it to onchain funding mechanisms developed by USD.AI, a stablecoin protocol that provides credit to AI companies. Loans issued by USD.AI to finance graphics processing unit (GPUs), data centers and related AI infrastructure will be denominated in PYUSD, with borrowers able to receive proceeds directly into PayPal accounts, according to an announcement shared with CoinDesk on Thursday. The approach i ...

RT BSCN (@BSCNews)🚨TRUMP-LINKED WLFI PROPOSES USING 5% OF TREASURY TO GROW USD1!The project wants to deploy WLFI tokens to expand its stablecoin. What to know 👇https://t.co/Kv70WO4KER ...

RT stacks.btc (@Stacks)USDCx on Stacks is now live.A USDC-backed stablecoin is now available via @Circle xReserve, enabling full interoperability between Circle's multichain ecosystem and Bitcoin's leading L2.Bitcoin just got a Tier 1 stablecoin 🟠 https://t.co/fOPx8Ziomu ...

Financial services firm SoFi Technologies said on Thursday that it will soon offer its own stablecoin, following the company’s re-entry into crypto last month. The stablecoin, dubbed SoFiUSD, will be issued by SoFi Bank, positioning the firm as an infrastructure provider for banks and fintechs, according to a press release. SoFi described itself as among the first national banks to issue a stablecoin on a public, permissionless blockchain. Last week, the Office of the Comptroller of the Currency granted co ...

Core Insights - Coinbase has launched a new service allowing clients to create custom-branded stablecoins, directly competing with Paxos in the white-label stablecoin market [1][5][7] Group 1: Coinbase's New Offering - The new stablecoin solution is not initially targeted at enterprise-level clients, focusing instead on smaller fintech companies like Flipcash, Solflare, and R2 [5] - Coinbase's historical partnership with Circle for USDC positions it well in the stablecoin distribution market [6] Group 2: Competitive Landscape - Paxos previously partnered with Binance to create BUSD, which became a significant player in the stablecoin market before being phased out [3] - Paxos has since secured a partnership with PayPal, leveraging its trust charter to enhance credibility [3][4] Group 3: Regulatory Environment - The passage of the GENIUS Act has shifted stablecoin oversight from New York to federal authorities, potentially benefiting Coinbase due to its established regulatory framework and presence in Washington [8]

$U by @UTechStables is now live on BNB Chain.As a first-of-its-kind stablecoin, $U unifies all major stablecoins into a single liquidity layer across trading, payments, DeFi, institutional settlement and AI-native systems.This enables greater capital efficiency and a smoother user experience across onchain use cases.More on why this matters 🧵👇 ...

United Stables ($U) is available for trading on Binance Wallet.@UTechStables is a BNB Chain-native stablecoin project, also deployed on Ethereum, focused on unifying stablecoin liquidity.Trade $U on BSC and ETH with ease today ⬇️https://t.co/L3MngNQ56j https://t.co/UcQStcIRMR ...

ethena trades at $0.20 below the $0.29 institutions paid in september's dat round. protocol generates $365m annually at 4.3x p/s ratio. jupiter launching jupusd next week backed by usde to 5m users. hyena on hyperliquid hit $130m volume in 4 days. megaeth using usde for their l1 stablecoin. berachain's honey 100% backed by usde. funding rates turning positive again. institutions don't buy 45% above spot to lose money. ...